1392 is a reversal area.... a huge gap up means it leaves room for an enormous move down. I would rather see some consolidation before moving much higher.

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The system wasn't designed so that most people could beat it.

* Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. I do not know your specific risk tolerance or situation

If I were a futures trader I'd be shorting into this, the divergences of Friday have to be adjusted for,so any gap up gets filled, minimum.

Instead of giving up trading, why not just give up counter trend trading?

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“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds

This feels like a mark up for SPX and DJX, NQ fails to take the highs at the moment. TF barely sits above, but at least it broke out a bit. However, any consolidation will try the highs and probably will also go higher regardless of the divergences over the next 1-2 weeks. I still expect lower into March.

If I were a futures trader I'd be shorting into this, the divergences of Friday have to be adjusted for,so any gap up gets filled, minimum.

Instead of giving up trading, why not just give up counter trend trading?

Internals were not there on the late rally, Friday. Run is getting old so counters should be less risky.

They pull these stunts over weekends in the futures markets, I doubt it holds in the day session.

You may be right, but....my point has nothing to do with whether we go up or down from here in the next 48 hours. It has to do with a general trading concept...in response to your original post. Best, D

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“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds